Be Loud Sophie Foundation
EIN: 464891415 · Chapel Hill, NC · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $987K |
| Total Expenses | $240K |
| Net Assets | $516K |
Is Be Loud Sophie Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Be Loud Sophie Foundation
Be Loud Sophie Foundation (EIN: 464891415) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code O99. The organization reported total revenue of $987K and total assets of $621K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Be Loud Sophie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Be Loud Sophie Foundation is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $240K |
| Surplus / Deficit | +$118K |
| Total Assets | $516K |
| Net Assets | $516K |
| Operating Margin | 33.0% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2023, Be Loud Sophie Foundation reported a surplus of $118K with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Be Loud Sophie Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.3% | -20.4% | +29.6% |
| 2022 | +1.8% | +7.3% | -6.7% |
| 2021 | +16.5% | +119.5% | -2.9% |
| 2020 | -29.2% | -63.6% | +30.2% |
| 2019 | +30.3% | +217.3% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Be Loud Sophie Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Be Loud Sophie Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $118K, with revenue exceeding expenses.
Frequently Asked Questions about Be Loud Sophie Foundation
Is Be Loud Sophie Foundation a legitimate charity?
Be Loud Sophie Foundation (EIN: 464891415) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $987K. No red flags identified. Financial health grade: A.
How does Be Loud Sophie Foundation spend its money?
Be Loud Sophie Foundation reported $987K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Be Loud Sophie Foundation tax-deductible?
Be Loud Sophie Foundation is registered as a tax-exempt nonprofit (EIN: 464891415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Be Loud Sophie Foundation located?
Be Loud Sophie Foundation is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 464891415. It is classified under NTEE code O99.
How many years of IRS 990 filings does Be Loud Sophie Foundation have?
Be Loud Sophie Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $987K in total revenue.
Filing History
IRS 990 filing history for Be Loud Sophie Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Be Loud Sophie Foundation's revenue has grown by 80.8%, moving from $198K to $358K. Total assets increased by 459.3% over the same period, from $92K to $516K. Total functional expenses rose by 127.1%, from $106K to $240K. In its most recent filing year (2023), Be Loud Sophie Foundation reported a surplus of $118K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $240K | $516K | $0 | — | — |
| 2022 | $273K | $301K | $398K | $0 | — | — |
| 2021 | $268K | $281K | $427K | $0 | — | View 990 |
| 2020 | $230K | $128K | $440K | $0 | — | View 990 |
| 2019 | $325K | $351K | $338K | $0 | — | View 990 |
| 2018 | $249K | $111K | $365K | $0 | — | View 990 |
| 2017 | $164K | $182K | $226K | $0 | — | View 990 |
| 2016 | $162K | $259K | $244K | $0 | — | View 990 |
| 2015 | $261K | $13K | $341K | $0 | — | View 990 |
| 2014 | $198K | $106K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $240K, and assets of $516K (revenue +31.3% year-over-year).
- 2022: Revenue of $273K, expenses of $301K, and assets of $398K (revenue +1.8% year-over-year).
- 2021: Revenue of $268K, expenses of $281K, and assets of $427K (revenue +16.5% year-over-year).
- 2020: Revenue of $230K, expenses of $128K, and assets of $440K (revenue -29.2% year-over-year).
- 2019: Revenue of $325K, expenses of $351K, and assets of $338K (revenue +30.3% year-over-year).
- 2018: Revenue of $249K, expenses of $111K, and assets of $365K (revenue +51.6% year-over-year).
- 2017: Revenue of $164K, expenses of $182K, and assets of $226K (revenue +1.6% year-over-year).
- 2016: Revenue of $162K, expenses of $259K, and assets of $244K (revenue -38.1% year-over-year).
- 2015: Revenue of $261K, expenses of $13K, and assets of $341K (revenue +31.9% year-over-year).
- 2014: Revenue of $198K, expenses of $106K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Be Loud Sophie Foundation:
Data Sources and Methodology
This transparency report for Be Loud Sophie Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.